Reasons Nvidia Can Hit $300 per Share Before 2026 Is Over

Nvidia (NASDAQ: NVDA) is currently trading around $210 per share, and the article argues there is a possibility the stock could reach $300 before the end of 2026. The case is built around a reported “Rubin upgrade cycle” later this year, positioning the company’s next architecture as more efficient than the prior Blackwell generation. It also points to expectations that AI hyperscalers will place data center chip orders years in advance, citing projected capex exceeding $1 trillion next year versus $650 billion in 2026. On valuation, the report says Nvidia trades at 24 times current-year earnings and 16 times next-year earnings, suggesting upside if spending confirmations arrive. For earnings timing, it cites Wall Street forecasts of $12.79 EPS for next year and a potential 23.5x forward multiple to imply a $300 price. The article also references heavy ETF ownership and multiple price-target increases from firms including KeyBanc, RBC Capital Markets and UBS.